Replies to post #498473 on Mr Cooper Group Inc (COOP)

[Large Green]

Dmdmd2020, between your calculations based on real and factual numbers from JPM's R203 2015 off balance sheet plus other numbers and CBA09 subject matter experience, there is no doubt this is why they tried so very hard to zero out equity for these large style returns.

They tried so hard to the point of willing to lose their standing in society and go to a friendly country-club prison for a few years until they realized Judge Walrath would nullify their claims unless they made a deal with equity during the two month closed-door mediation.

While the tax attributes can be very valuable should WMIH have a way of using them, the tax attributes were nothing but a Red Herring to divert attention away from the very large assets just discussed that are bankruptcy remote and in Safe Harbor.

[mattchew]

and once you realize the MASSIVE ESTATE of WMI of over 2 trillion of MBS you start to get the picture, even a 1% return on your ROI is MASSIVE!

[gg4]

'Dmdmd2020'
Thank you for putting it in an understandable way, your time and dedication to this board is much appreciated.

[austin01]

"Total = $173 billion x 3% interest for 9 years = $232.497 billion total recoveries from MBS Trusts for Escrow Marker Holders."
I just asked if there was a 50% chance that escrows would end up with at least $3/share. If anything close to this plays out, I would answer "yes" to my own question.